EFTPS payments

archimedes — Tue, 29 Dec 2020 21:25:07 GMT

I made some gains through the sale of Bitcoin on an exchange this year. I sent a payment to the IRS via EFTPS to cover the capital gains tax for the sale. How do I get that credit into TT when doing this years' return?

Re: EFTPS payments

DoninGA — Tue, 29 Dec 2020 21:26:56 GMT

To enter, edit or delete estimated taxes paid (Federal, State, Local) -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Estimates and Other Taxes Paid
On Estimates, click on the start or update button

Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid

Or click on Tax Tools on the left side of the online program screen.
Click on Tools
Click on Topic Search
Type in estimated tax payments, click on GO

Federal estimated taxes paid are entered on Form 1040 Line 26

topic EFTPS payments in Deductions & credits

EFTPS payments

Re: EFTPS payments